Cisco Layoffs In 2024. In a recent disclosure by reuters, it has come to light that cisco is on the verge of implementing significant job reductions, with thousands of. Cisco systems, one of the largest makers of computer networking equipment, said on wednesday that it would cut 7 percent of its work force in its second.

14, 2024, internet networking pioneer cisco systems announced that more than 4,000 employees are being laid off, joining the parade of technology companies in a trend that. Cisco shares jumped about 7% on thursday for their best day since november 2020, after the computer networking company said it’s cutting 7% of its.